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Unemployment in the European Union: Institutions, prices, and growth
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2004
This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...
Persistent link: https://www.econbiz.de/10010276423
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EU banks rating assignments: Is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether 'old' and 'new' EU countries are rated differently and to determine whether 'new' ones are assigned lower ratings, ceteris paribus, than 'old' ones. We...
Persistent link: https://www.econbiz.de/10010270550
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How Much Do Workers Actually Value Working from Home?
Nagler, Markus; Rincke, Johannes; Winkler, Erwin - 2022
Working from home (WFH) has become ubiquitous around the world. We ask how much workers actually value this job attribute. Using a stated-preference experiment, we show that German employees are willing to give up 7.7% of their earnings for WFH, but they value other job attributes more. For...
Persistent link: https://www.econbiz.de/10013470332
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High-Pressure, High-Paying Jobs?
Nagler, Markus; Rincke, Johannes; Winkler, Erwin - 2022
Work-related stress has reportedly increased over time. Using worker-level survey data, we build a measure of work pressure strongly associated with adverse health outcomes. In line with theories of compensating differentials, work pressure comes with a sizable earnings premium, even within...
Persistent link: https://www.econbiz.de/10013470360
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Picture This: Social Distance and the Mistreatment of Migrant Workers
Barsbai, Toman; Bartoš, Vojtĕch; Licuanan, Victoria; … - 2022
employers. Encouraging DWs to show their employers a family photo while providing a small gift when starting employment reduced …
Persistent link: https://www.econbiz.de/10014290087
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Labor market policy: A comparative view on the costs and benefits of labor market flexibility
Kahn, Lawrence M. - 2010
collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and …
Persistent link: https://www.econbiz.de/10010274420
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Labor market institutions, wages, and investment
Pischke, Jörn-Steffen - 2004
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10010276167
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Employment growth, inflation and output growth: Was Phillips right? Evidence from a dynamic panel
Caporale, Guglielmo Maria; Škare, Marinko - 2011
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10010277380
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Exchange rate uncertainty and labour market adjustment under fixed and flexible exchange rates
Chen, Yu-Fu; Funke, Michael - 2002
can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real … rate regimes obey common employment adjustment thresholds. …
Persistent link: https://www.econbiz.de/10010295518
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The Surprisingly Swift Decline of U.S. Manufacturing Employment
Pierce, Justin R.; Schott, Peter K. - 2014
This paper finds a link between the sharp drop in U.S. manufacturing employment beginning in 2001 and a change in U … declines the most experience more severe employment losses along with larger increases in the value of imports from China and … employment loss, and we show that the U.S. employment trends differ from those in the EU, where there was no change in policy. …
Persistent link: https://www.econbiz.de/10010328710